MDM Mdm Engin.

TIDMMDM

RNS Number : 0962L

MDM Engineering Group Ltd

07 August 2013

MDM Engineering Group Limited

("MDM" or the "Company")

Awarded scoping study for Kipushi Corporation's Project in the DRC

MDM (AIM: MDM) the minerals process and project management company focused on the mining industry, is pleased to announce that it has been awarded the scoping study ("SS") for Kipushi Corporation SPRL ("KICO-SPRL") Kipushi Rehabilitation and Re-development Project in DRC (the "Project").

Ivanplats acquired a 68% share of the Kipushi mine in 2011 and is currently dewatering the mine in order to access the original workings, known as the Fault Ore. In addition, a further deposit, known as Big Zinc, has been identified at a level below the original workings.

KICO-SPRL's imperative is to achieve production as soon as possible from the underground orebody deposit known as the Big Zinc. A mining and business plan for the life of mine will then need be to be developed to confirm a viable business for additional mine refurbishment, development and investment in surface processing capacity and infrastructure. In the mine's 70 years of operation, 60 million tonnes ("Mt") of materials were extracted at a grade of 6.78% copper and 11.03% Zinc. In addition, 0.4 Mt of lead, 45,000 tonnes of cadmium and 120 tonnes of germanium were extracted through the existing processing plant. Currently preliminary metallurgical testwork is taking place at Mintek and a new processing facility may need to be constructed.

MDM has also been requested to include within the scoping study the roaster technology to further refine the product and to investigate concentrate to metal viability.

George Bennett, MDM Executive Director, said:

"In 2012, MDM completed the design and construction of two copper dense-media-separation plants for ENRC in the Katanga Province of the DRC, an area known well to the Company. MDM also has strong zinc experience that includes Zincox Resources' Jabali project, Metorex's Letaba and Miranda zinc plants - designed and built by MDM, and the Skorpion Zinc pre-feasibility study completed for Reunion Mining, all of these projects will bring a large body of knowledge to the Kipushi project. We look forward to building a strong working relationship with Ivanplats."

Enquiries:

MDM Engineering Group Limited

   Martin Smith (CEO)                                Tel:  +27 11 993-4300 

George Bennett (Executive Director)

   Canaccord Genuity Limited                   Tel: +44 (0)20 7523 8000 

Andrew Chubb / Joe Weaving

   Tavistock Communications                   Tel: +44 (0) 207 920 3150 

Jos Simson / Emily Fenton

KEY INFORMATION:

MDM:

MDM Engineering Group Limited is a minerals process and project management company focused on the mining industry. The Company provides a wide range of services from preliminary and final feasibility studies, through to plant design, construction and commissioning. To date, the Company's clients have largely been junior and mid-tier mining corporations with operations in Africa.

The MDM Engineering core technical team has a 25 year track record of completing a wide range of studies and execution projects across a variety of minerals, including precious metals, base metals, ferrous and non-ferrous metals, uranium and diamonds.

The Company has adopted an approach to project execution based on an open-book Engineering, Procurement, and Construction Management "EPCM" or "cost-plus" basis and on a Engineering, Procurement and Construct (EPC) basis. With a core focus on Africa, MDM Engineering is setting the benchmark standard for best practice in the mining services industry through its commitment to providing the highest quality services and actively engaging with clients to ensure maximum transparency.

For more information, please visit www.mdm-engineering.com

Ivanplats Limited:

Ivanplats, exploring in Africa since 1994, now has discoveries

and development projects covering copper and zinc-copper in the Central African Copperbelt in the Democratic Republic of Congo and platinum-group metals, gold, nickel and copper in South Africa's Bushveld Complex. The company's shares began trading on the Toronto Stock Exchange in October 2012.

For more information, please visit www.ivanplats.com.

This information is provided by RNS

The company news service from the London Stock Exchange

END

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